$899,990 - 4542 Avenue Road, London South
Detached for Sale in London South
Neighbourhood: South ZZ
- MLS Number
- X13537498
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- CORCORAN HORIZON REALTY
Set on a picturesque 1.45-acre lot, this spacious bungalow offers a rare combination of space, privacy, and convenience-just minutes from Highways 401 and 402. With over 2,000 sq ft on the main floor plus a fully finished lower level, the home provides a versatile layout suited for a variety of lifestyles. The main level features generous principal rooms, a bright family room with skylights, and a well-appointed kitchen overlooking the expansive backyard. All bedrooms are well-sized, complemented by a convenient cheater ensuite. The main kitchen is equipped with brand new appliances (2026), enhancing both functionality and everyday living. Main floor laundry adds to the ease of day-to-day living. Step outside to enjoy your private outdoor setting featuring a saltwater inground pool with recent updates, including liner and pump (2024), surrounded by open space ideal for relaxing or entertaining. The fully finished lower level offers excellent flexibility with a separate walk-up entrance, kitchen, bedroom, bathroom, and living space-well suited for extended family or potential income. A separate laundry area in the basement provides added convenience and independence between levels. Additional updates include furnace (2022), A/C (2024), roof with skylights (2020), upgraded water filtration system (2026), new sump pump with battery backup (2026), and a 200-amp electrical panel. The property also features a heated double garage and ample driveway parking. A unique opportunity to enjoy country-style living on a generous lot while remaining close to major routes and everyday amenities.
Estimate your monthly payments for this property
Estimated Payment
$4,617.42/mo
Includes CMHC insurance ($25,110)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover South ZZ
South ZZ is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in South ZZ
- •Convenient location in London South
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
South ZZ offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
4542 Avenue Road, London South
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $450/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About South ZZ
I know South ZZ well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.